Title
AN ACT CONCERNING GROCERY STORE REAL PROPERTY TAX CREDIT FOCUS AREA for the purpose of modifying the definition of a Grocery Store Focus Area and making Healthy Food Priority Areas eligible for the Grocery Store Real Property Tax Credit.
Background
The County Council enacted CB-18-2014 on November 12, 2014 to establish a tax credit for real property that is used for a grocery store located in an economically disadvantaged or under served area. The Council also enacted CB-3-2020 on July 14, 2020 that established a Healthy Food Priority Area Tax Credit Program. The program authorizes a property tax credit against the County property tax imposed on personal property of a grocery store that completes certain construction and is located in a certain healthy food priority area. The proposed legislation modifies the definition of a Grocery Store Focus Area to include a Healthy Food Priority Area.